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November 26, 2024
Canopy Growth Announces Mr. Luc Mongeau As The Company’s Next CEO
An accomplished senior leader with more than 25 years of CPG experience, Mr. Mongeau has been actively engaged with the Company’s board for nearly two years This appointment follows a comprehensive search to succeed Mr. David Klein due to a planned retirement announced in August 2024 Company’s board reaffirms confidence in Canopy Growth’s strategic direction Smiths Falls, ON, November 26, 2024 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today that the Company’s board of directors (the “Board”) has named current Board…
November 20, 2024
Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada
Canopy Growth brings the best of California’s award winning Claybourne Pre-Roll Joint brand to adult-use consumers across Canada with the launch of ‘Frosted Flyers’ SMITHS FALLS, ONTARIO [November 20, 2024] – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today through an exclusive licensing agreement the launch of the award-winning California grown Claybourne brand in Canada. This initial launch brings Claybourne’s Frosted Flyers Infused Pre-Rolls to Canadian medical and adult-use consumers in five distinct offerings, Blue Dream, Strawberry Cough, Pineapple Express,…
November 8, 2024
Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial Results
READ THE FULL PRESS RELEASE HERE [PDF] Storz & Bickel net revenue increased 32% year-over-year in Q2 FY2025 Continued growth across medical cannabis businesses, with net revenue increasing year-over-year by 16% in Canada and 12% in international markets Further improved balance sheet with early prepayment reducing senior secured term loan by US$100MM SMITHS FALLS, ON, November 8, 2024 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (Nasdaq: CGC) today announces its financial results for the second quarter ended September 30, 2024 (“Q2 FY2025″). All financial information in this press release is reported in Canadian dollars, unless otherwise…
October 25, 2024
Canopy Growth to Report Second Quarter Fiscal 2025 Financial Results on November 8, 2024
Smiths Falls, ON, October 25, 2024 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) will release its financial results for the second quarter fiscal year 2025 ended September 30, 2024 before financial markets open on November 8, 2024. Following the release of its second quarter fiscal year 2025 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on November 8, 2024 at 10 AM Eastern Time. Webcast Information A live audio webcast will be available at: https://app.webinar.net/NXnR9dNYmPl. Replay Information A replay will be accessible by webcast until 11:59 PM…
October 17, 2024
Canopy Growth Further Improves Balance Sheet with Early Prepayment to Reduce Term Loan by US$100 Million and Ensures Maturity Extension to at Least December 2026
SMITHS FALLS, ONTARIO [Oct 17, 2024] – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today that it has made an early prepayment under its senior secured term loan (the “Term Loan”) in an aggregate principal amount equal to US$100 million at a discounted price of US$97.5 million. This proactive move, which in addition to reducing the Company’s leverage results in annualized interest expense savings of approximately US$14 million, underscores the Company’s strong commitment to fiscal discipline and further strengthens its…
October 9, 2024
Canopy Growth Confirms Canopy USA’s Acquisition of Wana
Canopy USA is fulfilling its ambition of establishing a leading brand-focused cannabis company concentrated on state-legal markets and hemp derived products across the U.S. SMITHS FALLS, ONTARIO (October 9, 2024) – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today confirmed that Canopy USA, LLC (“Canopy USA”) has completed its acquisition of Wana (as defined below), inclusive of Wana Wellness, LLC, The CIMA Group, LLC, and Mountain High Products, LLC (collectively, “Wana”). Canopy USA now owns 100% of the outstanding equity interests in Wana. Together with the completed acquisition of approximately 75% of the shares of…
September 25, 2024
Canopy Growth Announces Results of Annual General Meeting
September 25, 2024 SMITHS FALLS, ON— Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (NASDAQ:CGC) is pleased to announce today the voting results from its annual general meeting of shareholders held on September 24, 2024 (the “Meeting”). All of the matters put forward before the Company’s shareholders for consideration and approval, as set out in the Company’s definitive proxy statement dated August 1, 2024 (the “Proxy Statement”), were approved by the requisite number of votes cast at the Meeting, as further detailed below. Each of the directors listed as a nominee in the Proxy Statement was elected at the…
September 20, 2024
Canopy Growth Announces Extension of Proxy Voting Deadline for Upcoming Annual General Meeting
Shareholders now have until September 24, 2024 at 9:00 a.m. (Eastern Time) to submit votes to help ensure a quorum is achieved Your Vote is Important! If you need assistance with voting your shares please contact Laurel Hill Advisory Group at 1-877-452-7184 or by e-mail at assistance@laurelhill.com SMITHS FALLS, ON— Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (NASDAQ:CGC) announced today that it has extended the deadline for the submission of proxies related to its upcoming annual general meeting of shareholders (the “Meeting”) to September 24, 2024 at 9:00 a.m. (Eastern time). The Meeting will be held later the…
September 11, 2024
Canopy Growth Urges Shareholders to Cast their Vote for the Upcoming Annual Meeting Today
Shareholders are Encouraged to Vote Well in Advance of the Proxy Deadline on September 20, 2024 at 1:00 p.m. (Eastern time) Company Releases Q&A About Annual Meeting Quorum Your Vote is Important! If you need assistance with voting your shares please contact Laurel Hill Advisory Group at 1-877-452-7184 or by e-mail at assistance@laurelhill.com SMITHS FALLS, ON— Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (NASDAQ:CGC) today urges its shareholders to vote ahead of the upcoming annual general meeting of shareholders (the “Meeting”) on September 24, 2024 at 1:00 pm (Eastern time). The Board of Directors of Canopy Growth recommends shareholders vote…
August 29, 2024
STORZ & BICKEL Debuts Inaugural “Smokeless September Challenge” to Educate Consumers on the Advantages of Vaporization
Switch to Vaporizing and Try the VENTY TUTTLINGEN, Germany, Aug. 29, 2024 /CNW/ – STORZ & BICKEL GmbH (“STORZ & BICKEL“), a world-leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED) (NASDAQ: CGC), today announced the launch of a new inaugural campaign, the Smokeless September Challenge. This initiative invites consumers to take a break from combustion throughout September and experience the advantages of vaporizing with STORZ & BICKEL’s latest device, the VENTY. “As more adults are turning to natural remedies to alleviate stress, STORZ & BICKEL felt this was the…
August 16, 2024
Canopy Growth Announces CEO Succession Plan
David Klein, CEO to retire at the end of the Company’s fiscal year Board of Directors expresses continued confidence in the Company’s strategic direction and leadership team A comprehensive CEO selection process has been initiated to identify a successor This news release constitutes a “designated news release” for the purposes of Canopy Growth’s prospectus supplement dated June 6, 2024 to its short form base shelf prospectus dated June 5, 2024. Smiths Falls, ON, August X, 2024 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to…
August 13, 2024
Canopy Growth Announces Mailing and Filing of Annual General Meeting Materials
Canopy Growth’s AGM to be held in a virtual-only format on Tuesday, September 24, 2024 at 1:00 PM ET. Voting is important and easy; shareholders are encouraged to vote now. Canopy Growth shareholders with a 16-digit control number can vote online at http://proxyvote.com, by phone at 1-800-474-7493, and by mail using the enclosed pre–paid envelope. For more information, shareholders should contact Canopy Growth’s strategic shareholder advisor and proxy solicitation agent, Laurel Hill Advisory Group, at 1-877-452-7184 (1–416–304–0211 for collect calls outside North America) or by email at assistance@laurelhill.com. SMITHS FALLS, ON, Aug. 13, 2024 /CNW/ – Canopy Growth Corporation (“Canopy…